Vale board member Gasparino steps down amid governance tensions
27/07/2026 13:46
Vale board member Gasparino steps down amid governance tensions RIO DE JANEIRO, July 27 (Reuters) - Brazilian miner Vale's VALE3.SA board member Marcelo Gasparino said on Monday he had submitted his resignation from the company's board, the latest development in governance tensions that resulted in the election of a new chairman last week.
Vale's board had already decided to remove Gasparino for allegedly leaking confidential information from a June 19 meeting, but the move still required shareholder approval. Vale confirmed his resignation in a securities filing.
(Reporting by Marta Nogueira; Writing by Isabel Teles; Editing by Gabriel Araujo)
((isabel.teles@thomsonreuters.com; +55 11 91033 3602))
Recent news on Vale
See all newsBrief: Vale Files Application For Panda Bond Program In China
Austrian investor rushes to boost copper production at old Chile mine
Media: Vale mulls raising over $500 million in debut panda bond sale - Bloomberg News
Vale to buy 30% stake in Ligga as it seeks additional Carajas iron ore
Brief: Vale says it has not made any decision over new issuance of debt securities